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Section 759.380 – Purchase of stock or property of another utility.

(1) No telecommunications utility shall, directly or indirectly, purchase, acquire or become the owner of any of the stocks or bonds or property utilized for utility purposes and having a value in excess of $10,000 of any other public utility or telecommunications utility unless authorized to do so by the Public Utility Commission. (2) Every […]

Section 759.390 – Contracts with affiliated interests; procedure; use in rate proceedings.

(1) As used in this section, “affiliated interest” with a telecommunications utility means: (a) Every person owning or holding directly or indirectly five percent or more of the voting securities of the telecommunications utility. (b) Every person in any chain of successive ownership of five percent or more of the voting securities of the telecommunications […]

Section 759.393 – Applicability of ORS 759.385 and 759.390.

(1) Except as provided in subsection (2) of this section, the filing of proposed contracts under ORS 759.385 and 759.390 shall constitute a telecommunications utility’s sole reporting obligation under ORS 759.385 and 759.390 and the Public Utility Commission may not require a telecommunications utility to submit annual or other cumulative reports regarding such contracts, including […]